We got 2 scenarios to prepare for... one we cross 200EMA and hold over that green resistance line and holds it as support to start moving toward $23.50 or scenario two it doesn't hold after crossing and it retraces back to fill the gap between $21.80-$22. Scenario one seems more probable just coming off of the positive earnings report the momentum should continue for a little longer before it breaks... But as always be cautious with your trades, do your own DD, monitor and set stops!
THIS IS NOT FINANCIAL ADVISE!
THIS IS NOT FINANCIAL ADVISE!
Kommentera:
ADVICE*
Trade stängt: målet nått:
$23.65 high today so it went as planned but did not hold as a support which was expected. Looking at the monthly it looks like a hold over $24 will get the stock moving and that should at least bring it to about $30 a share then we go from there.
Kommentera:
my trade wasn't closed that part was an accident.